About Czech Republic
About Czech Republic
Where Stability Meets Strategic Financial Growth
Czech Republic, also called Czechia, country located in central Europe. It comprises the historical provinces of Bohemia and Moravia along with the southern tip of Silesia, collectively often called the Czech Lands. In 2016 the country adopted the name “Czechia” as a shortened, informal name for the Czech Republic.
Population
10.5 million
Language
Czech
Currency
Czech Koruna (CZK)
Political Structure
The Czech Republic is a pluralist multi-party parliamentary representative democracy, with the Prime Minister as the head of government. The Parliament (Parlament České republiky) is bicameral, with the Chamber of Deputies
The Czech Republic has a civil law system based on the continental type, rooted in Germanic legal culture.
Infrastructure and Economy
The Czech Republic possesses a developed, high-income economy with a per capita GDP rate that is 87% of the European Union average. The most stable and prosperous of the post-Communist states, the Czech Republic saw growth of over 6% annually in the three years before the outbreak of the recent global economic crisis. Growth has been led by exports to the European Union, especially Germany, and foreign investment, while domestic demand is reviving.
Václav Havel Airport in Prague is the main international airport in the country. In 2010, it handled 11.6 million passengers, which makes it the second busiest airport in Central Europe. In total, the Czech Republic has 46 airports with paved runways, six of which provide international air services in Brno, Karlovy Vary, Mošnov (near Ostrava), Pardubice, Prague and Kunovice (near Uherské Hradiště).
